How to Determine the Value of Your Auto Body Shop
Whether you’re looking to sell, expand or transition your shop, understanding the value of your business is essential.
Solid Accounting: The Difference Between Winning and Losing
Wouldn’t it be great to be able to quickly review your financials and know where you’re winning and losing so you can fix the problem immediately?
Financial Planning for Auto Body Shops with Rachel James
Jason Stahl interviews Rachel James of Torque Financial Group, Northwestern Mutual about how important it is for collision repair facilities to educate their technicians on managing their money.
Shhh! Let’s Not Talk About Money!
Why is money a taboo subject among collision repairers, especially when it comes to financial planning?
Synchrony Study Reveals Future Shoppers Seek New Experiences
Have you heard about the new, eye-opening study from Synchrony titled The Future of Shopping? According to their research, consumers are beginning to seek highly personalized shopping experiences that simplify choice and flexibility! They found that retailers who focus on shopping as an experience rather than an isolated event, will find success if they continue
Auto Body Shop Financials: Breakeven Point and Beyond
Knowing your fixed costs and breakeven point up front may be the difference in making money in a month or not.
Don’t Eat the Bear in One Bite: Planning Your Future in Steps
Just like you don’t need to eat the bear in one bite, you don’t need to have a fully fleshed-out plan in order to have a successful future as a retired body shop owner.
Know Your Auto Body Shop’s Breakeven Point, Part 3
How do you calculate gross profit percentage?
Know Your Auto Body Shop’s Breakeven Point, Part 2
Fixed costs, variable costs … why do these matter to figure out your breakeven point?
Know Your Auto Body Shop’s Breakeven Point, Part 1
Why is it important to know exactly where your shop stands financially?
Rachel James Rebrands Practice to Torque Financial Group
James will still be offering Northwestern Mutual products, but just doubling down on serving blue-collar markets.
It’s Time to Talk About Money with Young Body Techs
It’s time that we as leaders start to educate our young technicians on how to manage, grow and save money.
